Sensex tanks over 1500 pts, ends below 58000, Nifty gives up 17150

Sensex, Nifty, Share Prices HIGHLIGHTS: Domestic equity market benchmarks BSE Sensex and Nifty 50 tumbled over 2.6 per cent on Monday, following weak global cues. Sensex tanked 1,546 points or 2.6 per cent to end at 57,492, while NSE Nifty declined 468 points or 2.7 per cent to settle at 17,149. All the 30 S&P BSE Sensex stocks ended in the deep sea of red, with Tata Steel, Bajaj Finance, Tech Mahindra, Wipro, RIL, Titan Company leading the pack of losers, down up to 6 per cent. On the sectoral front, all the Nifty sectoral indices ended in the negative territory, falling up to 5.23 per cent. Nifty Realty was the top sectoral loser, followed by Nifty Metal, Nifty Media, Nifty Consumer Durables, and Nifty IT. Bank Nifty fell nearly 2 per cent to finish trade at 36,948.

Source:FE